Where is bitcoin going up or down?

Bitcoin recorded an impressive rise after releasing US inflation data, bringing it to $ 25,000.

At the same time, BlackRock announced the launch of its first private bitcoin fund as part of its partnership with the cryptocurrency exchange platform Coinbase (Nasdaq: coin), which was announced last week. Both events created a certain amount of euphoria in the market and led some market participants to speculate that this will soon make it reach new highs, the highest on record